Bitcoin, Solana, and other cryptocurrencies rebounded on Monday after U.S. President Donald Trump and Mexican President Claudia Sheinbaum agreed to delay the 25% tariffs.
An analyst has pointed out how Solana (SOL) has just seen a buy signal on the same indicator that earlier called for selling XRP (XRP). Solana Has Seen A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has discussed about a Tom Demark (TD) Sequential signal that Solana has displayed on its daily price chart.
The cryptocurrency market has been hit with significant volatility in early February 2025, and Cardano (ADA) is feeling the effects. On February 3, ADA experienced a dramatic price drop of 24%, reaching $0.67.
XRP saw a strong rally on Tuesday, jumping 11.49% to trade at $2.6990 by 19:58 (00:58 GMT) on the Investing.com Index. This marked its biggest one-day percentage gain since January 15.
Cryptocurrency prices showed signs of recovery on February 4, following the announcement that US President Donald Trump has paused the implementation of newly imposed import tariffs on Canada and Mexico for 30 days. This pause alleviated concerns about a potential trade war, boosting market sentiment globally.
Cardano price started a fresh decline below the $0.9250 zone. ADA is now correcting losses and struggling to clear the $0.80 resistance.
Recent discussions have arisen around whether Ripple has the power to create more XRP beyond the original supply of 100 billion tokens. Some critics, like Pierre Rochard, a Bitcoin maximalist and Vice President of Research at Riot, have claimed that Ripple might be able to increase the token's supply.
XRP faces intense selling pressure as whales offload over 130 million tokens, triggering a 26% price drop.
On Monday, February 3, the U.S. Securities and Exchange Commission (SEC) implemented a new policy that could slow down its crypto-related investigations. According to Reuters, sources familiar with the matter revealed that SEC lawyers are now required to get approval from politically appointed leadership before formally initiating probes.
XRP price recovered most losses and rallied over 25%. The price is back above $2.65 and now faces hurdles near the $2.820 level.
A market analyst who accurately forecasted XRP's recent price downturn is now evaluating what comes next as the asset stabilizes above the $2 mark. The broader cryptocurrency market experienced a sharp downturn, resulting in over $2.2 billion in liquidations, the worst liquidation event since the FTX collapse.
SEC rule change dilutes crypto enforcement powers, fueling XRP demand. Will Ripple's legal battle drive XRP past its all-time high?
Cardano's (ADA) price has dropped 30% in a month and roughly 18% in the past two weeks. Its market cap has now fallen to $27 billion, reflecting the broader weakness in altcoins.
A significant 29,532,534 XRP transfer has made headlines in the cryptocurrency market, raising eyebrows and fueling concern over potential price movements. The transaction, valued at approximately $68.36 million, was made by an anonymous whale and sent to the popular Coinbase exchange, one of the top platforms for cryptocurrency trading.
The cryptocurrency market continues to display volatile behavior as XRP, Dogecoin (DOGE), and Ethereum (ETH) struggle to maintain their bullish momentum amid current downturns. As some coins, like XRP, show signs of weakness, others like Ethereum remain stuck in a downward trend.
XRP's price plummeted by 43%, wiping out weeks worth of gains. Just the most recent daily candle has created a vicious knife that is 30% downward, indicating extreme volatility and panic selling.
The cryptocurrency market recently faced one of its most significant downturns, and Cardano (ADA) was no exception, experiencing a sharp decline in price. However, despite the broader crypto bloodbath, ADA's transaction volume saw an unexpected and notable increase, which is a fascinating development given the circumstances.
Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek.
Amid the cryptocurrency market's recovery, ADA, the native token of the Cardano blockchain, has significantly rebounded and is poised for substantial upside momentum. The potential reasoning behind this bullish outlook includes its record 58% intraday price reversal and growing interest from whales, long-term holders, and investors.
From 4 p.m. ET on Friday, Cardano (ADA 0.69%), Polkadot (DOT 0.33%), and Avalanche (AVAX 1.38%) are among the worst performing large-cap cryptocurrencies, losing 39.3%, 33.7%, and 33.1%, respectively, as of 3 p.m.
It's been a wild roller coaster for the crypto market over the past 48 hours. On Sunday, values dropped in a short period of time as investors realized U.S. tariffs on goods imported from Canada, Mexico, and China would hit as early as Tuesday.
Cryptocurrency markets are trading higher on Monday despite record volatility seeing Bitcoin swing $10,000 per coin in nominal value over 24 hours. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,020.83 +4% Ethereum (CRYPTO: ETH) $2,737.78 -7.5% Solana (CRYPTO: SOL) $212.78 +4.3% XRP (CRYPTO: XRP) $2.68 -0.03% Dogecoin (CRYPTO: DOGE) $0.279 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001615 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 26.6% and daily active addresses down by 0.4%.
Surprisingly, the OBV did not form new lows compared to mid-January, instead hovering just above those higher lows.
The crypto market just pulled off a dramatic reversal, with Bitcoin rebounding from $91,252 to $101,549 as of writing in hours. Every time BTC dips to this level, buyers aggressively defend it, making it a strong demand zone.
After a sharp decline across the crypto market, all eyes are on XRP due to its impressive recovery in the last few hours.
The altcoin market crashed after Bitcoin fell below $100,000. This happened when Trump introduced new tariffs, including a 25% tax on imports from Canada and Mexico and a 10% tax on Chinese products. This caused threats of retaliation from these countries and upset global markets.
Crypto analyst CasiTrades has revealed what could come next for the XRP price following its rebound above the crucial $2.60 level. XRP is one of the top cryptocurrencies that has achieved a major bounce following the pause of tariffs imposed by the US on Mexico and vice versa.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
San Francisco-based blockchain company Ripple has minted an additional million of RLUSD tokens, according to the latest data provided by the @RL_Tracker account.
On-chain data shows that short sellers are three times stronger than traders holding long positions.
XRP, once on the verge of reaching a new all-time high, has recently charted a two-month low. This shift comes amid widespread bearish market conditions, leading to massive liquidations among XRP holders.
According to Claudia Sheinbaum and Donald Trump, tariffs between the US and Mexico are paused for one month. This has already triggered a rebound for the crypto market, particularly XRP.
"I sold my house and I'm gonna buy the dip," one popular X user stated.
The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations. What Happened: Speaking with Benzinga at the Digital Asset Summit in London, several speakers and attendees appeared relatively unfazed by what had unfolded earlier in the day.
XRP has witnessed a massive price crash, significantly underperforming the general cryptocurrency market, which remains volatile following the rollout of tariffs by the Donald Trump White House.
President Trump said Monday that planned tariffs against Mexico will be delayed, reversing the slide of Bitcoin and other major coins.
Crypto whales have dumped large assets as corrections bite harder following macro shake-ups. Bitcoin (BTC) and altcoins, including Ethereum (ETH) and XRP, have faced massive sell pressure, dropping below bull's resistance levels.
The cryptocurrency market has displayed a strong bearish action overnight. Reportedly, the crypto space has lost over 8% in valuation in 24 hours. Moreover, the Bitcoin price plunged below $95,000, whereas Ethereum and Ripple tokens broke their important support trendlines.
After the massive liquidation event on the cryptocurrency market, which according to several estimates amounted to at least $8 billion, the price of popular cryptocurrency Cardano (ADA) experienced a 37% drop over the last 24 hours, hitting a low not seen since Nov. 10 at $0.506.
Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.
A fall below the support level of $0.31 could cause further dips for Cardano.
The last 24 hours on the crypto market have been anything but pleasant, prosperous, rational and lucrative. With $2.2 billion worth of liquidations in perpetual futures alone, and a total of at least $8 billion liquidated, according to ByBit's CEO, almost every digital asset took a hit in its price.
Although the recent positive regulatory developments for Ripple have reinforced investors' bullish conviction in XRP, a popular analyst is suggesting that the dream of the altcoin reaching as high as $10,000 is overly optimistic.
The crypto market corrections caused the XRP price to plunge hard from a high of around $3.12 to a low below $1.8. With this, the token lost over $10 billion in its market capitalization, further flushing out of the top 3 cryptos as Tether reclaims its position.
Solana & XRP ETF excitement is growing, but another undervalued ERC-20 token could outshine them all. Discover why investors are spotlighting this promising token.
Here's the thing about crypto – it is never boring. Last week, digital asset investment products pulled in 527 million inflows, but it was not all that smooth.
Investor confidence was shaken by XRP's sharp 40% drop, but on-chain data indicates that big holders are unconcerned. The fact that XRP's payment volume, number of active accounts and burned fees are all comparatively stable despite the steep sell-off suggests that whales might not be in haste to sell.